Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto entanglements.

Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.

It also opens the door for crypto to leave the speculative Wild West and move into the financial mainstream. Companies like PayPal, Visa, and BlackRock are already building on blockchain rails. Now, they can do it with a legal framework behind them.

Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.

The approval of these crypto-related bills, analysts said, has boosted investor confidence and added regulatory clarity, driving strong upward momentum across the market

The House voted to advance key crypto bills on Wednesday, after more than 9 hours of negotiations, President Trump intervention.

Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.

House Republican leaders’ plan to pass three industry-backed crypto regulatory measures appeared to be back on course Tuesday night after President Donald Trump said he had convinced holdout conservatives to move forward with the legislation.